11, PARK LANE, PONTEFRACT, WF8 4QQ - £337,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

11 PARK LANE is a small detached house of 100m², built sometime between 1930 and 1949, which could now be worth an estimated £472,000. It was last sold for £337,500 in August 2017, which was around 53% above the average August 2017 detached price in the Wakefield local authority area. The most recent EPC inspection was April 2011, where the current energy rating was E, and the potential energy rating was E.

11 PARK LANE Sold Prices

Land registry data shows three sales for 11 PARK LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Wakefield local authority area for the corresponding sale date. All of the three 11 PARK LANE sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2017 24 AUG	£337,500	£220,422	53% above HPI
2011 20 MAY	£220,995	£182,039	21% above HPI
1997 28 NOV	£125,000	£76,016	64% above HPI

11 PARK LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Wakefield local authority area over time, sourced from the HPI. The three 11 PARK LANE sales between November 1997 and August 2017 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the May 2011 sale was for 21% above the HPI. So the extrapolation line tracks at 21% above the HPI over time, until the August 2017 sale, where it rises to 53% above the HPI. The line then continues to track at 53% above the HPI.

What might 11 PARK LANE be worth now?

11 PARK LANE might now be worth an estimated £472,000.

This is based on house price inflation of 39.9%, between August 2017 and February 2025, for detached houses, in the Wakefield local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 39.9% inflationary increase is applied to the most recent sale price for 11 PARK LANE of £337,500 on 24th August 2017. For the value to have increased from £337,500 to £472,000 over the eight years and six months to February 2025, the following assumptions must hold true:

• The value of 11 PARK LANE has moved in line with the HPI for detached houses in the Wakefield local authority area.
• The August 2017 sale price of £337,500 represented a fair market value for the property.
• The size, condition, and specification of 11 PARK LANE has not materially changed since August 2017.

How Large is 11 PARK LANE?

11 PARK LANE is 100m² according to the EPC inspection conducted in April 2011. This puts it in the smallest 40% of detached houses houses in Pontefract, based on EPC data. The below chart shows the distribution of detached houses houses by size in Pontefract, and where 11 PARK LANE lies on this distribution: 38% of detached houses houses are smaller than 11 PARK LANE, and 62% of houses are larger. Note that EPC data is not available for all properties in Pontefract.

11 PARK LANE: Plot and Title Map

11 PARK LANE sits on a plot of roughly 0.275 of an acre, or 1,114m². The below map shows the location of 11 PARK LANE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 11 PARK LANE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 11 PARK LANE?

11 PARK LANE is located in PONTEFRACT, in the WF8 postcode district. The below map shows the position of No. 11 on PARK LANE.